The domestic methanol market fluctuated at a low level, and the transaction was general. The traders just needed to replenish, and their mood was poor. The manufacturer narrowly adjusts the external quotation, ranging from 20 to 50 yuan / ton, which has little impact on the trade market.
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According to the monitoring data of business agency, from August 8 to 15, the average price of domestic methanol market dropped from 2555 yuan / ton to 2546 yuan / ton, with a price drop of 0.33% in the cycle, a month on month increase of 3.24% and a year-on-year decrease of 1.00%.
As of the closing of August 15, methanol futures in Zhengzhou Commodity Exchange fluctuated narrowly. The opening price of ma2209 contract was 2450 yuan / ton, the highest price was 2496 yuan / ton, the lowest price was 2435 yuan / ton, and the closing price was 2462 yuan / ton, an increase of 5 yuan / ton compared with the closing of the previous trading day. As of the closing, the position of ma2209 contract was 526400 lots, a decrease of 121100 lots compared with the previous trading day.
As of August 15, the summary of methanol market prices in various regions is as follows:
Region, price
Qinghai region. No quotation at present
Shanxi Province, 2330-2350 yuan / ton
Liaoning region, 2600 yuan / ton to cash exchange
Fujian, 2460-2500 yuan / ton
In the two lakes region, the negotiation reference is about 2460-2560 yuan / ton
Anhui Province, 2450-2520 yuan / ton
Henan Province, 2550 yuan / ton
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The price of products in the methanol industry chain fluctuated. The price of natural gas, the upstream product of methanol, was stable. The price of coal fell in a narrow range, and the support of methanol cost was weak; The price of downstream product Shandong methane chloride increased the most; Among the related products, the price of urea in Shandong dropped the most.
On the external market, as of the closing on August 12, the closing price of CFR Southeast Asia methanol market was 351.00-352.00 USD / T, down by 1 USD / T. The closing price of the US Gulf methanol market was 109.50-110.50 cents / gallon, down 1 cents / gallon; FOB Rotterdam methanol market closed at 363.25-364.25 euros / ton, up 0.25 euros / ton.
Region, country, closing price, up and down
Asia, CFR Southeast Asia, 351.00-352.00 USD / T, – 1 USD / T
Europe, America, Gulf of America, 109.50-110.50 cents / gallon, – 1 cents / gallon
Europe, FOB Rotterdam, 363.25-364.25 euros / ton, 0.25 euros / ton
Crude oil is weak, supply is expected to increase, and demand changes are limited. The cost is supported or weakened, and there is a risk of inventory accumulation. The methanol analysts of the business association predicted that the domestic methanol market in the short term would be dominated by sluggish consolidation.
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